Risk versus reward

Risk versus reward   I had a really good opportunity for a private money lender, recently. I emailed the information to everyone I thought would be interested. The deal was to loan money to us at 6% interest only. I noted in the email that 6% was three times what the, and I quote, “high yield” CDs and bonds being are offered for in 2020, according to bankrate.com.   The…

What is better, notes or rentals?

What is better, notes or rentals?   If you’re like most investors, you have a renewed perspective on your business right now. That’s because you’ve just analyzed all your rentals, done an inventory of your cashflow and have gotten things ready to send to your CPA. We call this process our end-of-year review.   During this process you’re seeing what kind of cashflow your properties actually brought in. The reason…

Do your notes need to carry interest?

Do your notes need to carry interest?   I was at worship the other day with a five-yea- old who was trying to sell his Rubik’s Cube.  I didn’t know they still make those things, but for fun, I played along and asked him how much he wanted for the toy.   Tyner:  “Nine hundred sixteen”. Me:  “Nine hundred sixteen what?” Tyner:  “Cents.” Me:  “OK, how about this; I can…

Private Money Loans

Private money loans: How many of you have heard the phrase, “it takes money to make money?” This is a true statement if you want to make it in real estate investing.     People often make the assumption, however, that you must own the money it takes to make said money. You don’t need to own it- you just need someone to let you use their money so you can do the…

Do Your Notes Need To Carry Interest?

I was at worship the other day with a five year old who was trying to sell his Rubik’s Cube.  I didn’t know they still make those things, but, I played along.  I asked him how much he wanted for the Rubik’s Cube.   Tyner:  “Nine hundred sixteen”. Me:  “Nine hundred sixteen what?” Tyner:  “Cents.” Me:  “Ok,”  “How about ten cents down, twenty cents a month until it is paid…